Final answer:
Product Protection coverage for leased merchandise offers the buyer assurance that the seller will address any problems with the merchandise during a specific time frame.
Step-by-step explanation:
The Product Protection coverage when leasing merchandise typically refers to an additional service contract that can be purchased by a buyer. The service contract, for an extra amount, ensures that the seller will fix any issues that arise with the leased merchandise during a specified time period.
For example, if a buyer leases a car and chooses the Product Protection coverage, the seller will be responsible for repairing any mechanical problems that occur during the lease term.In summary, Product Protection coverage for leased merchandise offers the buyer the assurance that the seller will address any problems with the merchandise during a specific time frame.